In a recent landmark decision, the Dubai Court of Cassation deliberated on a critical civil appeal involving procedural irregularities concerning the timeline for filing appeals. This case sheds light on the interpretation and application of procedural rules under UAE...
Introduction On November 13, 2024, the Federal Supreme Court delivered a significant judgment (Case No. 857 of 2023, Administrative) that delves into critical legal principles concerning civil procedure, medical liability, and administrative law. The court examined...
The financial services landscape in the UAE is regulated by the Central Bank of the UAE (CBUAE), with the Finance Companies Regulation playing a key role in ensuring that finance companies operate transparently, ethically, and within the bounds of the law. These...
New and seasoned business owners must grasp the fundamentals of corporate finance in order to navigate financial challenges seamlessly and avoid costly missteps. In the UAE, businesses have access to a variety of financing options, including equity funding, debt...
Liquidation, generally called winding up, involves dissolving a firm, paying its debts, and distributing any surplus resources to its shareholders. In the UAE, those operating in Mainland UAE and those in financial-free zones such as the Dubai International Financial...
Introduction On 10 December 2024, the Executive Council of Dubai, under the leadership of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, issued Resolution No. 101 of 2024. This resolution, published in the Official Gazette, introduces a...